Chicago Multifamily For Sale By Owner (489 Homes)

  • Other For Sale $629,000
    • 5Bed
    • 2Baths
    1736 West Catalpa Avenue, Chicago, Illinois

    Andersonville greystone - beautiful 2 flat situated on quiet tree lined street. this 118 year old... Read More

  • Other For Sale $70,000
    • 5Bed
    • 2Baths
    1014 South Independence Boulevard,...

    Two-flat building ideal for investors looking for a rehab. similiar homes in the area after a... Read More

  • Other For Sale $575,000
    • 6Bed
    • 2.5Baths
    5718 North Richmond Street, Chicago, Illinois

    Lucky new owners! this peterson woods blond beauty is stunning from the minute you lay eyes on... Read More

  • Other For Sale $180,000
    • 6Bed
    • 2Baths
    12013 South Normal Avenue, Chicago, Illinois

    Sold before it even hit the market! beautifully rehabbed west pullman 2 flat. each unit has 3... Read More

  • Other For Sale $355,000
    • 5Bed
    • 2Baths
    5112 West Melrose Street, Chicago, Illinois

    Very nice move in ready multi-unit building in sought after portage park w/huge income potential... Read More

  • Other For Sale $179,900
    • 6Bed
    • 2Baths
    1859 West 58th Street, Chicago, Illinois

    Stunning 2 flat in the englewood neighborhood. spacious modern units with updated kitchens and... Read More

  • Other For Sale $259,900
    • 4Bed
    • 2Baths
    1133 North Massasoit Avenue, Chicago,...

    Looking for a great building to invest your money into? look no further. each unit in this brick... Read More

  • Other For Sale $139,000
    • 7Bed
    • 3Baths
    4904 West Van Buren Street, Chicago, Illinois

    Traditional brick chicago 2 flat!! each unit has a bay windows in living room, separate dining... Read More

  • Other For Sale $99,900
    • 5Bed
    • 2Baths
    4711 South Wabash Avenue, Chicago, Illinois

    Attention all landlords- rental property investment opportunity!! 2 unit multi family home with... Read More

  • Condo For Sale $34,000
    • 2Bed
    • 1Baths
    • 1,264Sq ft
    1155 West 111th Street, Chicago, Illinois

    Morgan park - half duplex town house - 2 story with full basement, hardwood floors, decent size... Read More

  • Other For Sale $1,100,000
    • 11Bed
    • 4Baths
    2503 West Walton Street, Chicago, Illinois

    Awesome 4 unit building in the heart of ukrainian village, all units are updated with gorgeuos... Read More

  • Other For Sale $749,900
    • 8Bed
    • 3Baths
    • 1,150Sq ft
    3729 North Kostner Avenue, Chicago, Illinois
  • Other For Sale $219,999
    • 7Bed
    • 3Baths
    4914 South Honore Street, Chicago, Illinois

    Attractive 3 flat, ready to move in back of the yards neighborhood, public transportation , down... Read More

  • Condo For Sale $975,000
    • 4Bed
    • 2.5Baths
    • 2,700Sq ft
    3227 North Racine Avenue #1, Chicago,...

    Brand new construction!!! great location!! top of the line appliances and countertops.... Read More

  • Condo For Sale $425,000
    • 3Bed
    • 2Baths
    • 1,400Sq ft
    2023 West Iowa Street #1F, Chicago, Illinois

    Space and style! this ukrainian village 3 bdrm + family room duplex down offers modern amenities... Read More

  • Other For Sale $62,000
    • 4Bed
    • 2Baths
    7208 South MORGAN Street, Chicago, Illinois

    Property being sold as-is. this property is being sold as a short sale. please allow time for... Read More

  • Condo For Sale $294,900
    • 3Bed
    • 1.5Baths
    • 1,500Sq ft
    3639 North Pacific Avenue, Chicago, Illinois

    Rarely available dunning townhouse, this 3 bedroom 1 and 1 half bath is both well maintained and... Read More

  • Other For Sale $689,900
    • 5Bed
    • 4.5Baths
    • 1,600Sq ft
    Chicago, Illinois

    Bucktown brick 2 flat, simplex on 2nd floor, and owners duplex down unit features two levels of... Read More

  • Other For Sale $345,000
    • 4Bed
    • 2Baths
    • 936Sq ft
    5633 North Meade Avenue, Chicago, Illinois

    Turn-key income property comes with tenants one has been renting since 2014! both units and both... Read More

  • Other For Sale $250,000
    • 6Bed
    • 2Baths
    4236 West Wilcox Street, Chicago, Illinois

    Purchase this fully-leased, versatile 2unit greystone and use it as an excellent performing... Read More

Chicago - Statistics and Home Trends

Actives Activity Chart

AVERAGE PRICE

$ 858,607

NEW LISTINGS THIS WEEK

1

PRICE PER SQUARE FOOT

$ 1,125

Average Price
Land in Chicago (763) $ 297,045

AVERAGE PRICE

$ 834,192

NEW LISTINGS THIS WEEK

114

PRICE PER SQUARE FOOT

$ N/A

Learn More About Chicago, Illinois

Currently there are 2,430 homes for sale, 3,868 condos and apartments for sale, 763 vacant land for sale, 3 villa for sale and 224 townhomes for sale in Chicago

Background on Chicago
Chicago is located on the shores of Lake Michigan and is the third most highly populated city in the United States. The population as of 2017 was just under 2.8 million. Chicago is located in Cook County which is also the second most highly populated county in all of the United States. If you look at the entire Chicago Metro area, which is referred to as “Chicagoland” you will find that more than 10 million people live here. The Chicago Metro area is the third largest metro area in the United States. It is also the fourth largest metro area in all of North America and is the third largest metro area in the entire world based off of land area. The town was incorporated back in August of 1833 and the city was incorporated in March of 1837. Chicago was the second most visited city in the United States when more than 55 million people visited the city in 2017. New York beat Chicago by 7 million visitors. Back in 2016 Chicago ranked sixth as one of the most walkable cities in the United States. This is due in part to the large grassy areas and trees that beautifully line the streets and sidewalks. Chicago is truly one of the most beautiful places to live in the United States!

Climate in Chicago
Chicago experiences all four seasons throughout the year. The climate here in Chicago is what is known as a humid continental climate. The summers are often times very hot and humid. The temperatures during the summer months can easily creep up into the mid to high 90’s. The winter months tend to be a little colder than other places in the country. During the winter months temperatures can fall to below freezing overnight. Snow is a common occurrence here as well during the winter. Fall and Spring here in Chicago both tend to be very mild and not last very long. The weather here goes from extreme heat during the summer to extreme cold during the winter. Regardless of that fact, people still love living here because of all the city has to offer.

Real Estate in Chicago
The market here in Chicago is very hot right now. You can find everything from older homes full of character to high rise apartments, condos, townhomes as well as single family homes. There is also a lot of new construction happening in Chicago right now. Prices vary from neighborhood to neighborhood. If you are looking for a cheaper home you might want to take a look in a more suburban area on Chicago. If you want the city feel and have the money, take a look at the River North Gallery District. This neighborhood is located on the North side of Chicago and features many restaurants, clubs and shops. If you want to live right near all the action, this area is perfect for you!

Recreation in Chicago
There is plenty to do here in Chicago; it all depends on what you are looking for. If you want to check out one of the most historic and notable places in Chicago, head over to the Willis Tower which was formally known as the Sears Tower. Most people to this day still refer to this 110 story building as the Sears Tower. The Willis Tower is the second tallest building in the United States. If you want to see Chicago from all the way up in the sky then take a trip to The Willis Tower observation deck which is also referred to as the Skydeck. It opened back in 1974 and has since had a face life. In 2009 construction began and in July of 2009 Skydeck was reopened with the addition of “The Ledge.” “The Ledge” is an all glass box that visitors can stand in if they are daring enough. Not only are the walls made of glass, but the floor is as well. This gives visitors the opportunity to view the street from nearly 1,400 feet below them. This isn’t for the faint of heart!

Ribfest Chicago
Chicago is known for many things but one of the biggest events that takes place here in Chicago is Ribfest. This event is a barbecue lovers dream! When the event started in the 90’s there were only a few vendors. Fast forward to today and there more than thirty vendors involved. This event is a must during the summer months if you live in Chicago.

Summary
Chicago is a heavily populated area with some of the most beautiful real estate available. If you want to live somewhere that experiences all four seasons, make sure to check out Chicago!

ByOwner.com offers For Sale By Owner listing services throughout the country. By posting home with ByOwner your property will get the same exposure you’d receive from a traditional real estate company. Our Chicago, Illinois Flat Fee MLS listing Service saves you from paying the traditional 6% commission charged by most real estate offices, but gives you the same worldwide exposure.

Your home will be found on the local MLS, plus all the major search engines and popular real estate portal sites, including: Trulia, Zillow, Realtor.com, MSN, AOL, Bing, Yahoo, and of course Google. Additionally when your home gets added to the MLS, your FSBO listing will listed alongside of the homes listed by ReMax, C-21, Coldwell Banker, ERA, Redfin, Movoto, Keller Williams and all the other nationwide brokerage sites. These sites often display “all” of the MLS postings, not just their own, which means your home will be on these sites also.

The average seller who uses our Flat Rate MLS Listing, will save over $15,000. We give you the tools and exposure you need as a ForSaleByOwner to compete with every other listing in the MLS. But you are in control of the savings and the fees you pay.

Currently Chicago has 8,359 properties on the market for sale. The inventory was last updated 02/23/2020. Of these properties, 2,430 single family homes are for sale by their owners in Chicago, and 3,868 condos are for sale by their owners in Chicago. The average price of the single family homes for sale in Chicago, is $640,846, the average condo price in Chicago, is $1,056,183. The average price per square foot of the active inventory is $185. This is based the living area square footage.

Over the last year, there have been 107,646 of properties sold in Chicago. Of these properties, 67,107 single family homes have sold by their owners in Chicago, and 29,252 condos have sold by their owners in Chicago. The average sales price of the single family homes sold in Chicago, is $318,485. Single family homes have been selling for 230 per square foot of living area. The average sales price of the condos for sale in Chicago, is $898,547. Condos have been selling for 426 per square foot of living area.

The most active subdivisions with listings for sale in Chicago, are: Trump Tower Chicago (38 For Sale), Lake Point Tower (13 For Sale), Park Place Tower (11 For Sale), Roscoe Village (11 For Sale), Park Alexandria (11 For Sale), Water Tower Residences (9 For Sale), Olympia Centre (9 For Sale), The Legacy At Millennium Park (8 For Sale), Sandburg Village (8 For Sale), Shoreline Towers (7 For Sale)

If you are thinking of selling your Chicago home, try our flat fee listing service, Our list fees start at $449, and may save you $15,000 in real estate commissions. Click here to start saving.

Disclaimer: Listing broker has attempted to offer accurate data, but buyers/lessees are advised to confirm all information IDX information is provided exclusively for consumers' personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect Participants and/or the MLS from liability.
This data up-to-date as of 02/23/2020